According to a report by the U.S. Department of labor, the number of initial claims for unemployment benefits in the U.S. for the week ended November 4, increased by 10 thousand compared to the previous week and amounted to 239 thousand
Analysts had expected the headline number will be 232 thousand
A week earlier the number of initial claims amounted to 229 thousand
The four-week average for initial requests decreased by 1.25 thousand compared with the figure of the previous week and amounted to 231.25 thousand, reaching the lowest level since March 31, 1973.
The report noted the continuing “significant impact” effects of the recent hurricanes on the procedure of collecting information on the virgin Islands affected by power outages and damage to the infrastructure. The report also says that the situation on data collection in Puerto Rico has improved, and is now in the region are processed pending appeal.
The number of insured, and repeated requests for unemployment benefits in the U.S. for the week ended October 28 increased by 17 thousand and amounted to 1901 1884 thousand vs thousand a week earlier. The value of the previous week remained unrevised.
The four-week average recall was lower at 0.75 to 1895.25 thousand thousand (with at least 12 January 1974).
The total number of US citizens receiving any kinds of financial unemployment assistance from the municipal and Federal authorities, for the week ending October 21, decreased by 4.8 thousand and amounted to 1.63 million people. In the same period of 2016 the number of US citizens receiving government assistance unemployment was 1.78 million people.